China Eximbank provides $8 million loan for the Reconstruction and Development of Telecommunication Network of JSC Uzbektelecom Project (linked to #39956)
Commitment amount
$ 17361866.79691319
Adjusted commitment amount
$ 17361866.8
Constant 2021 USD
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Uzbekistan
Sector
Communications (Code: 220)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
On November 11, 2004, China Eximbank signed a General Loan Agreement for a 300 million USD preferential buyer's credit to Uzbekistan (captured in #39956). On November 11, 2005, China Eximbank signed an individual agreement under the line of credit to provide the Republic of Uzbekistan with $8 million loan for the Reconstruction and Development of Telecommunication Network of JSC Uzbektelecom Project. The intent of the project is to provide high-quality telephone communications by replacing analogue stations with digital ones. Huawei was awarded the contract for the modernization of fixed network of "Uzbektelecom" in six regions of the country. They also launched feasibility study for the expansion of the telecommunications system of the republic.
Additional details
The Russian project title is Реконструкция и развитие телекоммуникационной сети акционерной компании “Узбектелеком”. The loan details were unknown.
Number of official sources
5
Number of total sources
6
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Uzbekistan [Government Agency]
Implementing agencies [Type]
Huawei Technologies Co., Ltd. [Private Sector]
Uztelecom JSC [State-owned Company]